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Energy

Energy prices surge as tanker disruptions and facility shutdowns rattle global supply

By DAVID McHUGH
Mar 02, 2026 3:08 pm - Energy prices rose sharply Monday as disruptions to tanker traffic through the Strait of Hormuz and damage to production facilities raised uncertainty about how U.S. and Israeli attacks on Iran would affect supply to the world economy.
The Biz Week That Was: Data center interrupted, Bears tug of war, and the state’s new nuclear goals

Daily Herald report
Feb 28, 2026 12:50 pm - Lisle seeks details on work at data center property Lisle was forced to take legal action to halt construction at a data center after the company that operates the f...
What to know about the boat shooting in Cuban waters that killed 4

By DÁNICA COTO
Feb 26, 2026 11:07 am - A speedboat carrying 10 people approached Cuba’s north shore and opened fire on Cuban soldiers when they confronted the vessel, according to the Caribbean island's government.
What does Gov. JB Pritzker’s nuclear energy executive order do?

By MAGGIE DOUGHERTY
Feb 25, 2026 8:58 am - A recent executive order by Gov. JB Pritzker set a new goal to begin development on new nuclear power plants by 2033, with the intention of bringing online enough energy to power up to two million Illinois homes. Illinois power and utility regulators will have 60 days to issue a notice to identify potential developers that want to build new plants and existing plant owners that want to expand existing facilities.
Trump administration eases limits on coal plants for emitting mercury, other toxins

By MICHAEL PHILLIS and DYLAN LOVAN
Feb 20, 2026 1:52 pm - The Environmental Protection Agency on Friday weakened limits on mercury and other toxic emissions from coal-fired power plants, the Trump administration’s latest effort to boost the fossil fuel industry by paring back clean air and water rules.
Saudi Arabia may have uranium enrichment under proposed deal with US, arms control experts warn

By JON GAMBRELL
Feb 20, 2026 8:11 am - Saudi Arabia could have some form of uranium enrichment within the kingdom under a proposed nuclear deal with the United States, congressional documents and an arms control group suggest, raising proliferation concerns as an atomic standoff between Iran and America continues.
Top Iran security official is in Oman, site of talks with the US, likely over nuclear messages

By JON GAMBRELL
Feb 10, 2026 8:03 am - A top Iranian security official traveled on Tuesday to Oman, the Mideast sultanate now mediating talks between Tehran and Washington over the Islamic Republic's nuclear program aimed at halting a possible American strike.
Trump plans to lower tariffs on Indian goods to 18% after India agreed to stop buying Russian oil

By JOSH BOAK, AAMER MADHANI and RAJESH ROY
Feb 02, 2026 1:03 pm - President Donald Trump said Monday that he plans to lower tariffs on goods from India to 18%, from 25%, after Indian Prime Minister Narendra Modi agreed to stop buying Russian oil.
No warm reception for proposed solar farm in Huntley

By Claire O'Brien
Jan 26, 2026 11:45 am - While a new state energy law aims to make it easier to expand renewable options, Huntley officials have given a lukewarm response to a potential solar farm in town.
High court rejects challenge to wind-generated transmission line, but funding challenges remain

By Peter Hancock
Jan 25, 2026 9:04 am - Developers of a proposed massive transmission line that would bring wind-generated electricity from western Kansas to Illinois and other Midwest states cleared a legal hurdle Friday when the Illinois Supreme Court rejected a challenge to their state permit.

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